B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Trading Up 1.8% Following Dividend Announcement

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYTGet Free Report)’s share price was up 1.8% during mid-day trading on Tuesday after the company announced a dividend. The stock traded as high as $17.00 and last traded at $16.32. Approximately 21,248 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 33,940 shares. The stock had previously closed at $16.03.

The newly announced dividend which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 8.88%. The ex-dividend date is Monday, July 15th.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Price Performance

The stock’s 50 day simple moving average is $17.88 and its two-hundred day simple moving average is $16.35.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Company Profile

(Get Free Report)

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.

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